Amararajatradesetup
AMARABAT Positional up side viewMy long side view on AMARA RAJA BATTERI NSE:AMARAJABAT .
Stock is trade above its major resistance which is 495. My view is to take entry once price retest level of 501, then hold till target of 576 & 607.
My stop loss will on only 470.
Note: This is my personal analysis, only for learning.
Thanks.
AMARARAJA BATTERI FALLING WEDGE PATTERNHello
Welcome to this analysis about AMARA RAJA BATTERI , we are looking at daily timeframe perspectives. AMARA RAJA BATTERI in recent times decreased with bearishness however it now moved into an oversold condition. I discovered the main formation AMARA RAJA BATTERI is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how AMARA RAJA BATTERI has emerged with this key falling-wedge-formation marked in my chart with the black boundaries.
In this manner, thank you for watching my update-analysis about AMARA RAJA BATTERI and its major Falling-wedge-formation